This LOI enables Homerun to acquire all operating rights and obligations that are currently held by Pedreiras under the BPM lease, on a measured source of 32 million tonnes (Auger drilled up to 8 meters) to the Anm and is fully permitted with a royalty payment to CBPM from R $ 30,17 per excess -excess. (the “acquisition”).
This is now the third CBPM -Lease -acquisition by Homerun that marks an important step in the continuous strategic plan to consolidate control over Santa Maria Silica Sand District. By controlling the district, Homerun protects uninterrupted access to a unique large-tonnages Silica sand district with a high pure, coagulation of supply chains, making a competitive advantage possible in vertical integration, reaching price strength and removing market competition. It also strengthens the position of Homerun in the search for financing or strategic partners, since the company can offer security for secure delay and scale. The intended source of the company in the areas of the three acquisitions now exceeds 200 million tons, including a current NI 43-101 mineral resource estimate of 63 million tons. This strategic consolidation has been achieved for total capital expenditures of US $ 2.1 million, a fraction of the implicit value based on the transfer price of US $ 150 per tonne for the planned primary use case in the company’s production facility that is being built in addition to these resources.
Brian Leeners, CEO of Homerun, stated: “This marks an important milestone for Homerun. With district control we are positioned to unlock the full potential of Santa Maria Eterna. Our team has supplied this consolidation with minimal capital, where we have laid the foundation for significant value creation.
The transaction will be arranged with US $ 1,200,000 in ordinary homerun shares (with a value of approximately $ 1.00 per share) and US $ 200,000 in sharing purchases (exercising at approximately $ 1.00 per share). The issue of the ordinary shares and warrants of Homerun will be subject to standard director, shareholder and legal approvals and specifically the approval of the TSX Venture Exchange. The ordinary shares of Homerun issued under the terms and conditions of this agreement will be subject to a standard legal hold period of 4 months. Pedreiras agrees to contact Homerun with regard to the sale of ordinary homerun shares and also agrees to limit the sale of the ordinary shares of Homerun in a certain month to 100,000 if necessary to sell.
Figure 1: Location of existing Homerun -controlled claims via CBPM Lease Agreement (red and blue) and the new claims under the Pedreiras agreement (in black).
Visit: to view an improved version of this image:
https://images.newsfilecorp.com/files/4082/266168_B188DD55F4D37BAB_001FULL.JPG
About Homerun (www.homerunresources.com)
Homerun (TSXV: HMR, OTC: HMRFF) is a vertically integrated material leader and revolves green energy solutions by advanced silicon technologies. As an emerging force outside of China for Silica innovation with high purity quartz (HPQ), the company controls the full industrial vertical vertical extraction of raw material extraction to advanced solar energy, batteries and energy storage. Our vertical integration strategy with double motor combines:
Homerun Advanced materials
- Using Homerun’s robust range of Silica -Zand and Kwarts -Sila materials with high purity to facilitate the domestic and international sale of processed Silica by developing a 120,000 TPY processing factory.
- Pioneering zero -wasted thermo -electric purification and advanced material processing technologies with University of California -Davis.
Homerun Energy Solutions
- Build the first dedicated, highly efficient, 365,000 TPY-Zonne glass production facility and groundbreaking new solar technologies on the basis of years of experience as a industry leader in developing photovoltaic technologies with a specialization in Perovoltaicies.
- European leader in marketing, distribution and sale of alternative energy solutions in the commercial and industrial segments (B2B).
- Commercialization of artificial intelligence (AI) energy management and control system solutions (hardware and software) for energy care, energy storage and efficient energy consumption.
- Collaborate with US Dept. Or Energy/NREL in the development of the lasting long-term energy storage system using the high pure silica sand of the company for industrial heat and electricity arbitrage and complementary silicon purification.
With multiple profit centers built in the vertical strategy and gaining the entire economic benefit using the company’s HPQ silica, over, solar, battery and energy storage solutions, Homerun is positioned to capitalize on fast-growing worldwide energy transition markets. The 3-phase development plan has reached all important milestones in time, including government partner boards, scalable logistics market access and breakthrough IP in advanced materials processing and energy solutions.
Homerun maintains a uncompromising dedication to ESG principles and implements the cleanest and most sustainable production technologies in all activities and benefits the people in the communities where the company is active. As we generate income and promote vertical integration in 2025, the company continues to deliver shareholder value through strategic implementation within the unstoppable global energy transition.
For the adequacy or accuracy of this release
The information contained herein contains “future -oriented statements” within the meaning of the applicable securities legislation. Forward -looking statements relate to information based on assumptions of management, predictions of future results and estimates of the amounts that are not yet determined. All statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not explanations of historical fact and can be “future -oriented statements”.
Neither the TSX Venture Exchange nor its regulation services provider (because that term is defined in the policy of the TSX Venture Exchange) accepts the responsibility for the adequacy or accuracy of this release.
Visit to view the source version of this press release https://www.newsfilecorp.com/release/266168
#Completion #nonraised #offer #prorata #rights